DANAOS CORPORATION (DAC) Current Ratio
- Current ratio · latest quarter: Value 3.28×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2025-12-31; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 3.28× | Current assets / current liabilities. $1.32B ÷ $401.68M ≈ 3.28× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 1.32B USD | Assets, Current |
| Current obligations | 401.68M USD | Liabilities, Current |
| Cash and equivalents | 1.04B USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | 120.24M USD | Marketable Securities, Current |
| Customer receivables | 38.73M USD | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory | 23.42M USD | Inventory, Net |
| Payables | 17.27M USD | Accounts Payable, Current |
| Borrowing debt due within one year | 283.01M USD | Long-term Debt, Current Maturities |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | $1.32B | $401.68M | $1.04B | $120.24M | $38.73M | $23.42M | $17.27M | $283.01M | 3.28× |
| 2025-06-30 | $807.44M | $150.72M | $546.16M | $107.92M | $27.45M | $21.62M | $23.59M | $37.66M | 5.36× |
| 2024-12-31 | $670.97M | $168.95M | $453.38M | $60.85M | $25.58M | $23.88M | $29.04M | $35.22M | 3.97× |
| 2024-06-30 | $618.12M | $147.75M | $372.45M | $99.23M | $22.73M | $21.91M | $23.57M | $25.16M | 4.18× |
| 2023-12-31 | $501.77M | $168.16M | $271.81M | $86.03M | $9.93M | $24.51M | $22.82M | $21.30M | 2.98× |
| 2023-06-30 | $487.78M | $185.07M | $293.33M | $74.60M | $8.09M | $16.02M | $17.53M | $27.50M | 2.64× |
| 2022-12-31 | $372.52M | $228.41M | $267.67M | (m) | $5.63M | $16.10M | $24.50M | $27.50M | 1.63× |
| 2022-06-30 | $701.79M | $336.08M | $319.57M | (m) | $5.54M | $14.44M | $18.56M | $71.50M | 2.09× |
| 2021-12-31 | $632.49M | $319.31M | $129.41M | (m) | $7.12M | $12.58M | $18.93M | $95.75M | 1.98× |
| 2021-06-30 | $348.49M | $228.82M | $294.42M | (m) | $7.11M | $9.80M | $11.84M | $93.45M | 1.52× |
| 2020-12-31 | $118.45M | $239.69M | $65.66M | (m) | $7.56M | $9.62M | $10.61M | $155.66M | 0.49× |
| 2020-06-30 | $144.74M | $238.93M | $84.95M | (m) | $12.55M | $9.36M | $20.90M | $123.08M | 0.61× |
| 2019-12-31 | $190.39M | $223.08M | $139.17M | (m) | $7.14M | $8.49M | $11.17M | $119.67M | 0.85× |
| 2019-06-30 | $122.86M | $223.31M | $78.80M | (m) | $7.50M | $9.16M | $11.35M | $113.83M | 0.55× |
| 2018-12-31 | $119.75M | $222.70M | $77.28M | (m) | $9.22M | $8.88M | $10.48M | $113.78M | 0.54× |
| 2018-06-30 | $142.70M | $189.59M | $72.42M | (m) | $15.79M | $9.06M | $16.29M | $134.86M | 0.75× |
| 2017-12-31 | $126.00M | $2.38B | $66.89M | (m) | $6.50M | $8.84M | $11.37M | $2.33B | 0.05× |
| 2017-06-30 | $127.15M | $2.46B | $63.82M | (m) | $11.84M | $8.96M | $13.85M | $2.41B | 0.05× |
| 2016-12-31 | $135.95M | $2.57B | $73.72M | (m) | $8.03M | $11.39M | $11.16M | $2.50B | 0.05× |
| 2016-06-30 | $175.65M | $313.78M | $101.06M | (m) | $21.36M | $9.81M | $11.94M | $272.41M | 0.56× |
| 2015-12-31 | $127.57M | $312.14M | $72.25M | (m) | $10.65M | $11.04M | $12.97M | $269.98M | 0.41× |
| 2015-06-30 | $121.52M | $333.30M | $74.14M | (m) | $5.18M | $10.93M | $11.20M | $230.25M | 0.36× |
| 2014-12-31 | $103.07M | $328.08M | $57.73M | (m) | $7.90M | $11.66M | $12.51M | $178.12M | 0.31× |
| 2014-06-30 | $103.65M | $349.13M | $51.51M | (m) | $8.74M | $11.32M | $13.72M | $150.06M | 0.30× |
| 2013-12-31 | $126.87M | $369.89M | $68.15M | (m) | $8.04M | $14.50M | $13.12M | $146.46M | 0.34× |
| 2013-06-30 | $118.58M | $376.37M | $75.03M | (m) | $10.67M | $15.40M | $12.57M | $145.94M | 0.32× |
| 2012-12-31 | $98.67M | $365.25M | $55.63M | (m) | $3.74M | $17.73M | $13.98M | $125.08M | 0.27× |
| 2012-06-30 | $78.77M | $319.12M | $47.22M | (m) | $5.44M | $16.59M | $19.25M | $70.46M | 0.25× |
| 2011-12-31 | $93.29M | $231.69M | $51.36M | (m) | $4.18M | $16.19M | $15.14M | $41.96M | 0.40× |
| 2010-12-31 | $266.83M | $246.50M | $229.84M | (m) | $4.11M | $9.92M | $14.75M | $21.62M | 1.08× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.